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. melissa: nicole, thanks. lori: bmo cap ha capital lowered its 2013 price target for apple twice in the last week. let chess check in with a senior research analyst at abm markets. to keep an eye what iphones consumers are buying. keith, welcome to you. the crux of your latest forecast, your latest price target downgrade if you will is really based on verizon earnings which showed weaker than expected only 50%. the iphone sales were of the iphone 5, high-end, best margins, if you will, very attractive margins so you say expect disappointment today? >> we think so. we have as you mentioned two cuts. the first, actually had a chance to go out and visit with a number of carriers around the world, both face-to-face and over the phone and that led me to the conclusion that apple was candidly losing share and we think losing share to samsung and no longer the top-notch phone out in the market. we think effectively competing with samsung. we think the market is moving away from apple. they're losing some share in the high end. in addition, we think there's a number of chinese phones or
for marisa meyer. >> no! >> also ahead an exclusive with the co-founder of cisco system, sandy learner. apple is about to test the bear market low. a lot more "squawk on the street" from post 9 when we return. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz through and through. the 2013 c-class. starting at $35,350. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you. >> some popular google apps experiencing service disruptions this morning. the problems apparently center on three popular google apps, gmail, goog
to keep an eye on apple shares today. it dropped below $400 yesterday or the first time in 16 months. the decline came after a chip suppliers forecast led them to start worrying about weakening demand for the iphone and ipad. joining us is gene munster. gene, by the way, also covers google and google will be reporting after the bell tonight. gene, why don't we start with apple. this has been an incredible run up and then an incredible drop. below $400. is this somewhere you saw the stock going? >> no way. this is -- we thought there was a floor at 450, so this is a lot lower than we thought it was going to go. >> and at this point, now that it has reached 400 at least in the intra day trade, does that worry you that there is still more room to decline or do you think at this point it's stabilized? >> we think there's an opportunity here. the street numbers still need to get reset. we're 10% below the street for the june quarter. i think once these estimates get reset, that's the point where investors are going to start to get interesting. the southside still hasn't taken those nebs d
for stocks you will yeall year. apple is the biggest name on the list. if you own apple shares, you have probably seen and felt this stomach churning chart. share price has tumbled over the past year down 31% over that period now trading below $400 a share. why? slumping demand for products. apple was once the most valuable company in the world by market value, so the stock some analysts say relatively cheap right now. we will know better tomorrow what the future of apple will be. it has an awful lot to prove. investors have been stung. apple clearly a big business story of the day and the week. john. >> no question a lot of people watching that very closely. thanks. meanwhile, ahead on "starting point," the surviving suspect hidden in this plain sight after the marathon bombings going about college life as if nothing ever happened. we will hear from students who spoke to him on campus. you're watching a special edition of "starting point" live from boston. people join angie's list for all kinds of reasons. i go to angie's list to gauge whether or not the projects will be done in a timel
futures improving. the nasdaq is mossive territory. more corporate earnings on tap today including apple. apple is -- we're going to be watching for how many iphones and ipads it sold during the quarter. big question, has the rest of the tech industry caught up with apple? is the shine off the apple? sorry, i had to use that terrible little pun. but still be watching apple. and another big story for you, the list is out. and sorry to all of you newspaper reporters out there, you officially have the worst job in america. >> the worst job? >> the worst job in america. with the median income of about $36,000 a year. career cast does this study every year. the results are based on things like income, industry outlook, stress, physical demands. >> so not happiness? >> happiness is in there. here's the rest of the top five worst jobs. lumberjack is number two, followed by enlisted military personnel, actor, and oil rig worker. so the best jobs in america? the number one job in america according to career cast an actuary, make about 87 grand a year, biomedical engineers, software engineers, an
, jim. >> hey, rob. >> caller: this is an apple-banana boo-yah. >> okay. >> caller: from the big island. >> oh. oh, mahalo. >> caller: and it is the best one of them all. >> i agree with that. >> caller: now, i have a stock call called mcal. >> oh, you are playing that. well, they are sensitive to the problems in china, and these companies are very good, but people feel that china is slowing down, and i don't want to commit anymore money to mpel, because i have the see the chinese stabilize before people should own the casino stocks. that, ladies and gentlemen, is the conclusion of the lightning round >> announcer: the lightning round is sponsored by td ameritrade. coming up, crude behavior. oil's been on the decline in 2013. and while it makes for a refreshing sign at the gas station, some energy stocks are finding themselves in a slippery situation. could the slide continue? cramer sits down with the ceo of energy 21. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct sh
report. also apple results come out after the closing bell one of the most sophisticated reports of this earnings season in part because the stock is down 30% over the past year. other events we're following this morning floodwaters rising in the midwest swallowing entire communities whole. next we're going to take you tloiv a town trying to save its homes. and then a 6-year-old boy, attacked by an alligator, and survives! >> the alligator -- and grabbed my arm and i couldn't get out. >> he and his father join us with the terrifying encounter. a? [ female announcer ] now there's new neutrogena® naturals acne cleanser. acne medicine from the wintergreen leaf treats breakouts. no parabens or harsh sulfates. for naturally clear skin. [ female announcer ] neutrogena® naturals. [ female announcer ] for everything your face has to face. face it with puffs ultra soft & strong. puffs has soft, air-fluffed pillows that are dermatologist tested to be gentle on your skin. face every day with puffs softness. face every day ♪ (train horn) vo: wherever our trains go, the economy comes to l
quickly because i know that apple has run. on north korea and the peninsula, i will just repeat again, president park has a new policy called trust politic, and she wants to reach out to the north. she can't do that in the middle of this kind of process. my hope would be that the chinese will come to the table in a way that they never have before. that we can work with the chinese to redefine what's in all of our interests, which is a kind of stability in the peninsula moving north to denuclearization, and ultimately hopefully and integration into the community of nations. based on economic reform, which china, the united states, others could become engaged in. and that could ultimately even open up the possibility of president parks outreach to be able to have an impact. absent china coming to that table, i believe kim jong-un calculates literally calculates that i can get away with anything if china isn't going to hold me accountable. and so that's where we are stuck mr. adam kinzinger. >> thank you, mr. chairman. thank you mr. second your trick since my time as they cut down on wha
they are apples and oranges except for the fact that they fit our inclusion criteria. a lot of terrorism and the united states is born and raised here. host: based on your background in this, are there any parallels to what happened in the oklahoma city bombing, to what we potentially could see with the 19-year-old dzhokhar tsarnaev, who is about to be charged probably later this week? guest: it certainly well within the cards. if he is convicted, what will be the fifth largest act of terrorism in the united states, then went on to be involved in the murder of another law enforcement official, and then went on to throw improvised explosive devices out of two cars, one of which was a carjacked vehicle. this is an extraordinary example of violence. depending on evidence, which i certainly have no inside knowledge of, this has the potential to go to trial. host: one day after the bombings took place, the other was killed in that shooting in watertown, massachusetts, the center public and later mitch mcconnell had this to say on the senate floor tuesday. [video clip] >> these attacks are a g
, , they apple, the day appoint thousands of people here in the united states. they are greek a. they are ben by immigrants. that is something which should be thinking about. >> i would hope so. the evidence is quite clear on the capacity of immigration. i havehe time remaining, you released this analysis to quell the immigration reform. it can boost the american economy by as much as 1% every year. or reduce the deficit by as much as support for a trillion dollars. -- as much as 1.5 trillion dollars. do you want to elaborate on that? >> i could say a couple of things. >> economic growth comes from growth in people and their growth and activity. immigration controls both sides of the labor force anson's immigrants tend to work more you get labor force growth. as you mentioned the of to give small businesses and doctors that raise productivity of those workers. and their benefits to the overall economic growth, thus raising productivity for the -- productivity. that -- i did not taylor that estimate to 2013, 2014, 2015. this bill will take some time to pass and commence. you want to think of t
nutritionally balanced by adding fresh carrots and apple slices and immediately realized they would not last more than a week. much less the months that the lunchables needs to stay either in the warehouses or the supermarket waiting for someone to buy it. and after, i mean, it became a huge hit. the first year it exceeded, i think it hit $218 million in sales. it was astounding. nobody had expected it to take off like that. they came up with other lunchables including pizza lunchables, hamburgers, hot dogs, all eaten cold by kids. and when they stopped to think about it, they realized that it wasn't the food that the kids were attracted to, it was the badge value, the status symbol of bringing this cute, adorable lunchables to the lunchroom, opening it up, and all your friends gathering around and seeing you put it together and eat it. so -- and they came up with this incredible marketing slogan hitting on that which is for kids, all day you've got to do what they say, but lunchtime is all yours. the marketing power as much as using salt, sugar, fat as ingredients is phenomenal in the indus
Search Results 0 to 10 of about 11